The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
A T & T Corporation COM 00206R102 2,424 77,310 SH   SOLE   71,060 0 6,250
Accenture plc SHS CLASS A G1151C101 3,403 19,331 SH   SOLE   16,316 0 3,015
Alphabet, Inc. Cl A CAP STK CL A 02079K305 1,869 1,588 SH   SOLE   1,376 0 212
Alphabet, Inc. Cl C CAP STK CL C 02079K107 3,134 2,671 SH   SOLE   2,197 0 474
American Express Co. COM 025816109 464 4,250 SH   SOLE   3,825 0 425
Apple, Inc. COM 037833100 772 4,063 SH   SOLE   2,803 0 1,260
Bank of America Corporation COM 060505104 5,482 198,713 SH   SOLE   168,343 0 30,370
Berkshire Hathaway A CL A 084670108 602 2 SH   SOLE   2 0 0
BlackRock Corporation High Yield Fund VI COM 09255P107 363 35,387 SH   SOLE   27,137 0 8,250
BlackRock, Inc. COM 09247X101 3,943 9,227 SH   SOLE   7,912 0 1,315
Blackstone Mortgage Trust COM CL A 09257W1D0 3,934 113,841 SH   SOLE   97,221 0 16,620
Boeing Co. COM 097023105 428 1,121 SH   SOLE   1,051 0 70
Broadcom Inc. COM 11135F101 1,917 6,376 SH   SOLE   5,827 0 549
Carnival Corporation UNIT 99/99/9999 143658300 1,685 33,220 SH   SOLE   28,205 0 5,015
Celgene Corporation COM 151020104 626 6,631 SH   SOLE   5,281 0 1,350
Chevron Corporation COM 166764100 2,551 20,710 SH   SOLE   19,245 0 1,465
Cisco Systems, Inc. COM 17275R102 1,750 32,422 SH   SOLE   28,267 0 4,155
Cohen & Steers REIT & Preferred Income Fund, Inc. COM 19247X100 495 24,020 SH   SOLE   21,940 0 2,080
Constellation Brands Inc. CL A 21036P108 1,362 7,767 SH   SOLE   7,202 0 565
CSX Corporation COM 126408103 530 7,090 SH   SOLE   7,090 0 0
Duke Energy Corporation COM NEW 26441C204 202 2,241 SH   SOLE   2,241 0 0
Eaton Corporation plc SHS G29183103 3,028 37,583 SH   SOLE   32,129 0 5,454
Edwards Lifesciences COM 28176E108 887 4,637 SH   SOLE   4,237 0 400
Exxon Mobil Corporation COM 30231G102 2,889 35,758 SH   SOLE   31,158 0 4,600
General Mills COM 370334104 693 13,400 SH   SOLE   12,400 0 1,000
General Motors Corporation COM 37045V100 2,199 59,265 SH   SOLE   53,563 0 5,702
Gilead Sciences COM 375558103 799 12,296 SH   SOLE   9,966 0 2,330
Global Payments, Inc. COM 37940X102 3,890 28,494 SH   SOLE   25,544 0 2,950
Health Care Select Sector SPDR SBI HEALTHCARE 81369Y209 343 3,740 SH   SOLE   3,470 0 270
Honeywell International, Inc. COM 438516106 660 4,155 SH   SOLE   4,155 0 0
HSBC Holdings plc SPON ADR NEW 404280406 3,065 75,519 SH   SOLE   64,619 0 10,900
Intel Corporation COM 458140100 6,888 128,263 SH   SOLE   115,631 0 12,632
International Business Machines COM 459200101 286 2,030 SH   SOLE   1,704 0 326
Invesco China Small Cap ETF CHINA SMALL CP 46138E701 2,507 94,684 SH   SOLE   80,759 0 13,925
Invesco Emerging Markets Sovereign Debt ETF EMRNG MKT SVRG 46138E784 4,242 151,503 SH   SOLE   131,482 0 20,021
iShares Barclays TIPS Bond TIPS BD ETF 464287176 405 3,582 SH   SOLE   2,882 0 700
iShares China 25 Index CHINA LG-CAP ETF 464287184 1,113 25,134 SH   SOLE   19,874 0 5,260
iShares Core Total Aggregate US Bond CORE US AGGBD ET 464287226 458 4,196 SH   SOLE   3,696 0 500
iShares MSCI Emerging Markets Fund MSCI EMG MKT ETF 464287234 443 10,330 SH   SOLE   9,930 0 400
iShares S&P 500 Index CORE S&P500 ETF 464287200 907 3,186 SH   SOLE   3,186 0 0
iShares S&P Small Cap 600 Core CORE S&P SCP ETF 464287804 232 3,001 SH   SOLE   3,001 0 0
Johnson & Johnson COM 478160104 4,245 30,370 SH   SOLE   26,148 0 4,222
JPMorgan Ultra-Short Income ETF ULTRA SHORT INC 46641Q837 414 8,225 SH   SOLE   8,025 0 200
Kinder Morgan, Inc. COM 49456B101 644 32,173 SH   SOLE   26,173 0 6,000
Linde plc COM G5494J103 3,230 18,361 SH   SOLE   15,308 0 3,053
Merck & Company, Inc. COM 58933Y105 5,415 65,102 SH   SOLE   56,561 0 8,541
MFS Multimarket Income Trust SH BEN INT 552737108 88 15,425 SH   SOLE   15,425 0 0
Microsoft Corporation COM 594918104 5,025 42,610 SH   SOLE   35,050 0 7,560
Mitsubishi UFJ Financial Group Inc. SPONSORED ADS 606822104 821 165,890 SH   SOLE   145,940 0 19,950
Mohawk Industries, Inc. COM 608190104 1,687 13,376 SH   SOLE   11,061 0 2,315
NXP Semiconductors N.V. COM N6596X109 1,681 19,018 SH   SOLE   16,118 0 2,900
Occidental Petroleum Corporation COM 674599105 1,628 24,588 SH   SOLE   19,847 0 4,741
Oracle Corporation COM 68389X105 2,834 52,767 SH   SOLE   46,442 0 6,325
PepsiCo, Inc. COM 713448108 565 4,610 SH   SOLE   4,610 0 0
Pfizer, Inc. COM 717081103 507 11,941 SH   SOLE   10,583 0 1,358
Philip Morris International, Inc. COM 718172109 291 3,288 SH   SOLE   2,733 0 555
PNC Financial Services Group, Inc. COM 693475105 215 1,754 SH   SOLE   1,754 0 0
Procter & Gamble COM 742718109 3,405 32,725 SH   SOLE   27,580 0 5,145
ProShares Short 20 Year Treasury SHRT 20 YR TRE 74347X849 1,527 70,990 SH   SOLE   61,190 0 9,800
Quest Diagnostics Inc. COM 74834L100 2,809 31,235 SH   SOLE   26,628 0 4,607
SPDR Citi Int'l Govt Infl-Protected Bond ETF FTSE INT GVT ETF 78464A490 5,281 97,651 SH   SOLE   82,291 0 15,360
SPDR Consumer Discret Select Sector SBI CONS DISCR 81369Y407 236 2,077 SH   SOLE   1,857 0 220
SPDR Financial Select Sector Fund SBI INT-FINL 81369Y605 360 13,998 SH   SOLE   12,473 0 1,525
SPDR Industrial Select Sector SBI INT-INDS 81369Y704 295 3,926 SH   SOLE   3,626 0 300
SPDR S&P China S&P CHINA ETF 78463X400 1,755 17,494 SH   SOLE   15,022 0 2,472
SPDR Technology Select Sector TECHNOLOGY 81369Y803 556 7,513 SH   SOLE   6,738 0 775
SPDR Trust S&P 500 Ser1 TR UNIT 78462F103 6,963 24,648 SH   SOLE   20,853 0 3,795
STMicroelectronics N.V. NY REGISTRY 861012102 448 30,200 SH   SOLE   26,420 0 3,780
Sysco Corporation COM 871829107 266 3,980 SH   SOLE   3,980 0 0
Thermo Fisher Scientific COM 883556102 4,149 15,156 SH   SOLE   12,291 0 2,865
Total SA SPONSORED ADR 89151E109 1,843 33,109 SH   SOLE   28,774 0 4,335
UGI Corporation COM 902681105 297 5,364 SH   SOLE   5,364 0 0
United Parcel Service CL B 911312106 2,210 19,775 SH   SOLE   17,240 0 2,535
Vanguard Emerging Markets Stock ETF FTSE EMR MKT ETF 922042858 5,097 119,930 SH   SOLE   102,371 0 17,559
Vanguard European Stock ETF FTSE EUROPE ETF 922042874 2,563 47,804 SH   SOLE   40,137 0 7,667
Vanguard Real Estate Index Fund ETF REAL ESTATE ETF 922908553 230 2,645 SH   SOLE   2,413 0 232
Vanguard Total International Bond ETF INTL BD IDX ETF 92203J407 433 7,759 SH   SOLE   6,809 0 950
Verizon Communications COM 92343V104 581 9,828 SH   SOLE   8,878 0 950
Vodafone Group plc SPONSORED ADR 92857W308 1,257 69,145 SH   SOLE   59,327 0 9,818
W.P. Carey & Co. COM 92936U109 3,335 42,577 SH   SOLE   37,272 0 5,305
Xylem, Inc. COM 98419M100 2,995 37,890 SH   SOLE   33,315 0 4,575
Yum China Holdings Inc. COM 98850P109 333 7,404 SH   SOLE   7,404 0 0
Yum! Brands, Inc. COM 988498101 739 7,404 SH   SOLE   7,404 0 0